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An aerial view of an Evergrande new housing development project is under construction in Beijing, Wednesday, Sept. 22, 2021. Photo: AP/TT
An aerial view of an Evergrande new housing development project is under construction in Beijing, Wednesday, Sept. 22, 2021. Photo: AP/TT

With the Evergrande crisis unfolding, Kenneth Rogoff, Professor of Economics and Public Policy at Harvard University, predicts the end of the Chinese real estate boom.